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THE WORST COMPANIES FOR HISPANICS?

The Hispanic Association on Corporate Responsibility (HACR) implements a strategy to refine its measurement of Hispanic Inclusion at Fortune 500 companies in the areas of employment, procurement philanthropy and governance.

For the past 23 years, HACR has advocated for the inclusion of Hispanics in Corporate America at a level commensurate with the U.S. Hispanic community’s economic contributions. At 15 percent of the nation’s population, Hispanics now represent the fastest-growing group of Americans in several categories: consumers, employees, business owners, taxpayers and voters.

The Corporate Accountability Strategy was adopted earlier this year by HACR’s Board of Directors: 13 coalition members that represent the most influential and respected grassroots organizations in the United States and Puerto Rico.

The Corporate Accountability Strategy is comprised of four focus areas:

Agreements with corporations

HACR Corporate Index Survey

Research and Analysis within specific industries/sectors

Stock Fund that allows HACR to purchase stock and attend stockholder meetings

“We are confident that HACR’s Corporate Accountability Strategy will become an effective tool in identifying Fortune 500 corporations that profit from, yet ignore the more than 50 million Hispanics that spend an estimated $1-trillion a year, constitute one in every eight employees in the labor force, and remain the largest and fastest-growing ethnic population in the United States,” said HACR Chairman Ignacio Salazar, president and CEO of SER Jobs for Progress, headquartered in Dallas, TX.

The data collected from HACR’s Corporate Index Survey, which is voluntarily submitted by Fortune 100 and HACR corporate member companies, is the centerpiece of the Corporate Accountability Strategy and one that HACR’s coalition members anticipate will encourage more U.S. corporations to engage Hispanics in their corporate responsibility initiatives.

“Educating HACR’s constituents about the relationship between corporate social responsibility and economic reciprocity is the linchpin of HACR’s Corporate Accountability Strategy, which will allow us to identify the best — and worst — companies for Hispanics.” said Carlos F. Orta, president & CEO, HACR.

Over the next 12-18 months HACR will work closely with local, regional, and national Hispanic organizations, as well as elected and appointed officials, including members of Congress, in an effort to educate their diverse constituencies on which companies are responsive to the growing Hispanic population — and which ones are not.

Below is the list of all Fortune 100 and HACR corporate member companies that the 2009 HACR Corporate Index Survey was sent to:

3M
Abbott Laboratories
Aetna
Alcoa
Allstate
ALTRIA Group
American Express
AmerisourceBergen
Anheuser-Busch Companies, Inc
Apple, Inc
Archer Daniels Midland
AT&T
Bank of America Corp.
Berkshire Hathaway
Best Buy
Boeing
Burger King
Cardinal Health
Caterpillar
Chevron
CHS, Inc
Cisco Systems
Citigroup
Coca-Cola
Comcast
Comerica
ConAgra Foods
ConocoPhillips
Costco Wholesale
CVS/Caremark
Deere & Company
Dell
DIAGEO
Dow Chemical
DuPont
Eastman Kodak Company
Emerson Electric Co
Enterprise GP Holdings
Exxon Mobil
FedEx
Ford Motor Company
General Dynamics
General Electric/Telemundo
GMAC
Goldman Sachs Group
Harrah's Entertainment
HCA
Hess
Hewlett-Packard
Honeywell Internationa
l Humana
Ingram Micro
Intel
International Business Machines (IBM)
International Paper Company
Johnson & Johnson
Johnson Controls
JP Morgan Chase
Kraft Foods
Kroger
Liberty Mutual Insurance Group
Lockheed Martin
Lowe's
Macys
Marathon Oil
Marriott International
McDonald's Corporation
McKesson
Medco Health Solutions
Merck
MetLife
Microsoft
MillerCoors
Morgan Stanley
Motorola
Murphy Oil Corporation
New York Life Insurance
News Corp.
Northrop Grumman
Occidental Petroleum Corporation
PepsiCo
Pfizer
Plains All American Pipeline, L.P.
Procter & Gamble
Prudential Financial
Rite Aid Corporation
Safeway
Sears Holdings
Sodexo Inc.
Sprint Nextel
Starwood Hotels & Resorts
State Farm Insurance Cos.
Sunoco
SuperValue
Sysco
Target
Tesoro Corporation
The Home Depot
TIAA-CREF
Time Warner
Travelers Cos.
Tyson Foods
United Parcel Service
United Technologies
UnitedHealth Group
Univision Communications
Valero Energy
Verizon Communications
Walgreen
Wal-Mart Stores
Walt Disney
WellPoint
Wells Fargo

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